Bulgarian-Austrian consortium Wind Energy is planning to invest EUR 300mn in a wind-power complex on the Northern Black Sea coast. The company will build 125 generators with total production capacity of 250 MW. The planned investment comprises building of infrastructure as well. Construction works may start in 2010 at earliest and should be completed in three years.

EVN Naturkraft, part of the Austrian energy company EVN, and Germany ’s wind farm developer ENERTRAG informed about plans to invest EUR 100mn in wind-power project in the northern Black Sea town of Kavarna . The investors will install 25 wind-power generators with total capacity of 50 MW and annual production of 140 GWh. The capacity of the park will be expanded to 80 MW at a later stage. EVN Naturkraft holds 70% of the company set to run the project, EVN-ENERTRAG Kavarna, while the remaining 30% are owned by ENERTRAG. Field works have already started and the generators would be fully operational by the end of next year.